Here are the 5 cryptocurrencies to invest in 2022

In recent months, cryptocurrencies have had a serious period of fluctuations and corrections, which is why many analysts are optimistic about the appreciation of bitcoin (BTC) and the promising cryptocurrencies.

For the most hopeful, they believed that the cryptocurrency could reach US$ 100 in the year that ended, which did not happen. Currently, according to what the editors of MenosFios found, at the beginning of 2022 cryptocurrencies are below US$ 50, where several economic institutions think that bitcoin can still rise again and should not be the only one to benefit from the cycle of prosperity of cryptoassets.

So, based on the analysis of the platform Vivid, we now show you the top 5 cryptocurrencies that are expected to stand out in 2022.

Bitcoin (BTC)

For experts, 2022 will be a year of market leadership for the bitcoin, with overvaluation and the potential to reach US$ 100. For this reason, they advise every investor to have bitcoin in their wallet.

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Currently the Solana it is the sixth largest cryptocurrency by market cap, and based on the beginning of 2021, where it was trading at almost €2, very low compared to €128. which represents a great growth. It should also be noted that Solana is considered by many analysts to be the biggest competitor of Ethereum, as its blockchain technology has the capacity to process between 50.000 to 65.000 transactions per second, compared to just 15 to 30 transactions per second for Ethereum, or even up to 250 for Cardano.

AVALANCHE (AVAX)

In addition to the aforementioned cryptocurrencies, Avalanches (AVAX) it is also one of the recommended cryptocurrencies for 2022. The cryptocurrency is part of the group of 'ethereum killers', which is a protocol with superior advantages in scalability and programmability than the ethereum network.

Decentraland 

When Zuckerberg changed his company name to Meta, everything related to the metaverse took off, including MANA, the token for Decentraland. This cryptocurrency is a virtual reality platform running on Ethereum. Players in this 3D virtual world rely on cryptocurrency-based assets to buy or sell land and objects, and this platform has developed its own currency known as MANA. Users can buy and sell digital real estate using MANA while exploring, interacting and playing within this virtual world.

Polka dots (DOT)

Another interesting cryptocurrency is the Polka dots (DOT), which consists of a protocol that aims to connect all blockchains, in addition to capturing a large part of the ethereum network market. The main feature of Polkadot cryptocurrency is communication. Cryptocurrencies tend to operate on their own and generally cannot transfer coins or share information with each other. Polkadot was the first to make it possible to exchange data between multiple blockchains.

BUT: Elon Musk claims to have discovered the identity of the mysterious creator of Bitcoin

Which cryptocurrencies to avoid in 2022?

Despite the expansion of the market, the platform still recommends pointing out projects that you, as an investor, should stay away from, due to the lack of fundamentals or even setting up fraud initiatives.

They quote the Ripple (XRP), which follows a centralized model. For experts, this cryptocurrency does not integrate a blockchain network, has misrepresented marketing and has its trading involved in fraud and market manipulation.

In addition to it, recommending staying away from Bitcoin Cash (BCH) and Bitcoin SV (BSV)🇧🇷 It turned out to be fake bitcoins created by impersonators.

Not forgetting, of course, the meme cryptocurrencies, without clear foundations and purpose to justify their existence. It is the case of Shiba Inu (SHIB) and Dogecoin (DOGE), whose valuation according to her makes no sense.

"Although Elon Musk is a DOGE enthusiast, the issue of the coin is endless, and in terms of appreciation it is not worth it as an investment.”, defends one analyst.